EURUSD high today stalls at retracement level again ...Middle East

The EURUSD high for the day stalled at the 61.8% retracement of the 2023 trading range. The level came in at 1.0959. Last week the price did extend above that level but only by about 4 or 5 pips before rotating back to the downside. So for the 2nd time in less than one week, the 61.8% retracement has done a pretty good job of stalling the rally.On the downside, the low today came in at 1.0925. That was near the high of a swing area. Below that and traders would start to look toward the 100 hour moving average 1.09149 and the 200-hour moving average at 1.09023. The price on November 13 fell below the 200-hour moving average but only for a few hours before bouncing back to the upside. On Novem

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EURUSD high today stalls at retracement level again ...Middle East

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